$BNB BNB, or Binance Coin, is a cryptocurrency that powers the BNB Chain ecosystem and offers various use cases, including:
- *Reduced Trading Fees*: Paying trading fees on Binance with BNB gives users a 25% discount.
- *Transaction Fees*: BNB is used to pay for transactions on the BNB Smart Chain and BNB Beacon Chain.
- *Goods and Services*: BNB can be used to pay for online and in-store purchases, travel expenses, and more.
*Current Price:* $782.97 USD
- *24-hour Trading Volume:* $3,548,233,568 USD
- *Market Capitalization:* $109,059,271,380 USD, ranking #5 on CoinMarketCap
*Recent Performance:*
- BNB recently reached a new all-time high of $808.09, driven by surging institutional demand.
- The price has increased by 9.90% in the last 7 days, outperforming the global cryptocurrency market ¹ ².
*Where to Buy
- BNB tokens can be traded on centralized crypto exchanges, with popular options including Binance, MEXC, and Ourbit